Browsing Tag
Lower Saxony
10 posts
Volkswagen is done building cars at Osnabrück. Why could air defence save 1,400 jobs?
Volkswagen plans to sell its Osnabrück factory to Aurelius Capital and Lower Saxony before converting the site from car production into a security and defence manufacturing hub anchored by Rafael Advanced Defense Systems.
Volkswagen’s first 35,000 job cuts may not be enough. What is Oliver Blume trying to fix?
Volkswagen Group is preparing for a critical supervisory board confrontation over a restructuring that could go far beyond the 35,000 German job reductions already agreed, as vehicle sales fall, China competition intensifies and first-half operating profit drops 11.6%.
Why Volkswagen’s 50,000-job plan may not be enough as Oliver Blume pushes deeper cuts
Volkswagen Group is considering deeper workforce reductions, possible plant closures and business carve-outs as Oliver Blume argues that existing savings measures are insufficient to restore competitiveness, putting four major German manufacturing sites under mounting pressure ahead of a crucial September 4 supervisory board meeting.
Volkswagen already planned 50,000 job cuts, but Oliver Blume says that may not be enough
Volkswagen chief executive officer Oliver Blume has warned that as many as 50,000 additional jobs could theoretically be affected if the automaker cannot close its overhead-cost gap through other measures. The potential reductions would be separate from approximately 50,000 German roles already scheduled to disappear by 2030, but no final additional layoff target has been approved.
Stade shooting kills five at German youth welfare facility as two suspects are detained
Five adults were killed inside a Stade youth welfare facility. Two people are detained, but the motive and firearm source remain unknown.
Volkswagen already planned 50,000 job cuts, so why is Oliver Blume reportedly targeting 100,000 now?
Volkswagen is reportedly considering up to 100,000 global job cuts, four German plant closures and a 15% investment reduction, potentially transforming Europe’s largest automaker into a smaller, more decentralised and financially disciplined industrial group.
A-Nord HVDC project: Why Germany’s 2GW wind power corridor matters in 2026
A-Nord is one of Germany’s most important grid expansion projects, linking Emden in Lower Saxony with Osterath in North Rhine-Westphalia through a 2GW underground HVDC corridor designed to move wind power from the north to industrial demand centres in the west.
Is Hannover Messe 2026 still the key event for industrial transformation?
Find out why Hannover Messe 2026 remains a key event for industrial AI, energy, automation, and manufacturing strategy in Europe and beyond.
Gode Wind 3 begins commercial operations, expanding Germany’s offshore wind capacity
The Gode Wind 3 Offshore Wind Farm, jointly developed by Ørsted and Nuveen Infrastructure, has officially begun commercial…
Lhyfe launches construction of green hydrogen plant in Brake, Germany
In a significant stride towards bolstering the green energy infrastructure in Germany, Lhyfe, renowned for its pioneering efforts…